Finance
Still high electricity prices for households
The average price of electricity for households, excluding taxes and grid rent, was 55.3 øre per kWh in the third quarter of 2018. This is 66 per cent higher compared to…
Finance
The oil fund, energy prices, taxes, housing and the Norwegian economy.
Finance
Orkla seeks to acquire Kotipizza
Orkla has today signed a combination agreement to launch an offer to purchase all the shares in Kotipizza Group Oyj (“Kotipizza Group”), the owner of Finland’s largest…
Finance
Ikea to cut 7,500 jobs
The furniture giant, Ikea, warned that 7,500 posts may disappear.But the regrouping may also create 11,500 new jobs. “Over the next three years we will create a new…
Finance
Stable unemployment
There were 113 000 unemployed persons in September, adjusted for seasonal variations. This accounts for 4.0 per cent of the labour force. The Labour Force Survey (LFS),…
Finance
Pensioners and families with children receive more in the next year’s state budget
Child allowance is increased by NOK 1,000 from March 1, and minimum recipient pensioners will receive more.These are some of Kristelig Folkeparti’s (KrF’s) impacts in…
Finance
Norwegian mining company uses driverless trucks
The mining company Brønnøy Kalk AS has employed six autonomous trucks for the transport of limestone on a stretch between the mining and crushing plants. Driverless…
Finance
Equinor invests in rainforests
The energy company, Equinor,is targeting climate and will spend up to NOK 84 million annually on conservation of rainforests. The investment could start already by next…
Finance
Nav claimant must repay NOK 365K
Nav claimant must repay NOK 365K after living in Spain A Nav client issued allowance claims from Spain for one year. Now the man in his forties must pay back 365,000…
Finance
Half of the quota refugees in jobs after seven years
After seven years of residency in Norway, half of the quota refugees are in work, but not all work full time. Most of the men are in work. Statistics from Statistics…
Finance
The government is considering a scheme to remove freight traffic from the roads
The government is investigating the possibility of introducing a financial support scheme that will help shift freight traffic from the road to the railroad. “The…
Finance
Plan your ‘Black Friday’ purchases
This week,shopping-minded Norwegians will go crazy in the shops.Price experts ask you to check prices carefully before trading,and warn that many products actually rise…
Finance
Card usage increased in October
162.2 million card purchases were carried out in this country in October this year. This corresponds to a growth of almost 4.8 percent compared with October last year.…
Finance
Solberg provides millions in support for electric tourist ship in the Oslo Fjord
Prime Minister Erna Solberg of Høyre (H) donated NOK 22.7 million to Norway’s second fully electric ship, which will travel in Oslofjorden. Support for building the…
Finance
Internet papers are emerging as news sources
Internet newspapers are strengthening their position as Norway’s most important source of news.A majority of the population state that they read two or more online…
Finance
Equinor is setting its sights on sunshine
Oil and gas giant, Equinor has bought shares in the solar company Scatec Solar for around NOK 700 million. Over 11.0000 shares represent 9.7 percent of the shares in the…
Finance
Toll in Bergen may quintuple due to pollution
Toll costs in Bergen to double due to air pollution The municipality of Bergen estimates it will double toll rates to prevent the so-called ‘pollution cover’ over the…
Finance
The number of electrical ferry connections could be doubled
Norway has three electrical ferry connections today,but Enova has supported the planning of 30 electric ferry connections across the country. “New technologies can cut…
Finance
Cod fishing finally profitable at Jan Mayen
Profitable cod fishing at Jan Mayen for the first time in recent years Loran has spent the last two months profitable fishing for cod and blue whiting at Jan Mayen.…